NEW MAJOR CHANGES FOR ANYONE WITH A CREDIT CARD (DETAILS)

[@FatherFigure1776]

Been trimming expenses for the last several months. Living frugal with an emergency fund, full pantry, full deep freezer and zero credit card debt. Promised myself I wouldn’t be in the same position as I was in 2008. I’m in a much better position this time around. Watching you helps to keep me focused. Thanks Graham!

[@errolm8313]

Man like wise! In 2008 I think I was 10s of thousands in debt, credit below 500 and living paycheck to paycheck... Now I'm light years from that and I have approx 6 months in an emergency fund! All thanks to listening to videos like Graham!

[@glorioskiola]

That’s great, some people never learn.

[@TheMinerZzz]

Thanks to you Graham, I opened my Discover It Card about 6 months ago when I turned 18 and followed your advice. Now my credit score is 730-750!

[@GrahamStephan]

oh wow, awesome!

[@GallBen]

🔥🔥🔥

[@investinyou4292]

They can lock me in my house and stop paying me a paycheck, but the moment you mess with my credit card points...

[@GrahamStephan]

hahah no way

[@clarifyingquestions]

You won't be locked in longer than 3-6 months . So this is the time to use your fully funded 3-6 month emergency plan. Make sense? I hope because living off of credit cards would just be pouring salt in the wounds if you can not work during a pandemic. Also, if the credit cards are limiting credit - hints of a Great Depression on the horizon.

[@mohammadwasilliterate8037]

Yeah because credit card points always make people wealthy right?

[@rustyshackleford6799]

I am happy I don’t have a Credit Cards or anything with Credit and am not a slave. I used to work as a Rep with Bank of America as a Credit Card Rep and There’s such a small percentage of people that are actually able to pay off their Balance to avoid interest. I also worked as a Credit repair Agent for Lexington Law firm. I am well aware how Credit works and it’s not worth it. People think they can beat Credit Card Companies. Hahaha Dude. If people saw how much pay on interest, Fees etc. People actually think they make more money from the Credit Card points with Frequent flyer mileage or points. 😂😂😂 I also remember hearing people getting nice cars but with high interest and Car Loans as long as 8 years and people not realizing how much they pay in fees and interest or Private mortgage insurance with Home loans. Man. I am glad I have nothing with Credit and stressing like some people right now.

[@JohnSkyLey]

Rusty Shackleford Bank of America travel credit cards are weak. Not competitive at all with Amex or Chase.

[@mistytucker74]

I wish I had learned all of this earlier in life. I'm 45, so it's too late for some of this to work for me (no way I can go back and start at 18, or even 25), BUT!!! I am making sure to pass all of this along to my 15 yr old son so I can change his financial future and I'm implementing as much as I can at this later stage of life. Graham, thank you so much for sharing all this information. You are the first and only channel I have ever turned on notifications for.

[@aidwkdccvvubibu5609]

Please Graham, don’t ever change - you are so honest and straight-forward with all the priceless knowledge you share! I’m religiously liking all your videos and hopefully will show your videos to my kids in the future to teach them your wisdom🩰

[@MeetKevin]

I’m going debt free

[@GrahamStephan]

Baby Steps ;)

[@masrurjon]

Meet Kevin you’re fast

[@Gameboyreaper]

Meet Kevin same lol. Paid my last debt

[@nineseven420empire3]

Me allso....

[@boots911]

@@GrahamStephan can you call into dave ramseys show and tell him you're in debt?

[@DidiGrooves]

As I mentioned in one of my comments about mortgages: this is moving toward how it's set up in places like Germany. I lived as a self-employed person there for 12 years and never qualified for a credit card, period. My closest gang of people there were real estate people, accountants, and well-paid artists. And even those people had problems to get decent mortgages (remember the huge down payments), and very small credit lines. It's just not a thing there. It was a hell for me there to get ahead there. I was so happy to move to the USA where people like me (from a "developing" eastern European country) at least have a shot to make it in money matters.

[@ErinChisman]

It's almost surreal watching this industry change before our eyes. I've been huge into the points/miles hobby since 2004 and have never seen anything like this.

[@GrahamStephan]

yeah, a lot is going down!

[@jgwinnel]

This happened back in 2009, I recall my card having a small reduction, even with perfect credit.

[@BrennanLetkeman]

here's something no one is talking about (yet): a few months ago, before all this, a bunch of the higher-end mastercards quietly introduced a yearly spending minimum, not an income minimum, which means that even if you qualify for the $80k income or whatever, they might still demote your card if you don't spend enough

[@mistytucker74]

If you watch his video about never using cash/debit, this won't be as much of an issue. Just make sure to rotate through cards or chose the one with the best rewards for whatever it is you're buying, then pay it off every month. Video referred to: kzbin.info/www/bejne/eoHEeYugerlmbrc

[@masonparksmusic]

her: he's probably thinking about other girls me: did I forget to destroy the like button on grahams new video?

[@GrahamStephan]

Haha

[@bobert557]

OP askin the real questions here

[@StockInvestmentAnalysis]

Man, you better not have forgotten...

[@brucerowe2895]

Mason Parks I like Graham having 1.8 million subscribers, not doing to bad in in the Subscribers section, that looks like You Tube history collecting, keep hitting that subscriber button. Of course Graham is the first video to come up when you open You Tube, not that I mind.

[@marykay8587]

👍

[@lography6917]

Me: applying from a bunch of credit cards to have better credit later on Grant uploads: "NEW MAJOR CHANGES FOR ANYONE WITH A CREDIT CARD" Me: *Sweating*

[@GrahamStephan]

hahaha

[@ody.a.g]

I just applied for chase unlimited yesterday 😅

[@Master35320]

@@ody.a.g i applied for chase freedom card lol

[@AzetheReal]

I just got approved for a credit card 4 days ago.

[@Aeroliten]

I had to get another credit card to get access to a higher level of credit, went from low level/starter Captial One to the next level of Quicksilver.

[@ItsBooming]

Man! My job has been dramatically slow down bc of the virus. You are the one who inspired me to create a channel!!! Long way to go but I am head in!! Love and respect from Japan!

[@ghwhung3840]

Its Booming I am also from Japan, hang in there man! Sub and support!

[@GrahamStephan]

Good luck with the channel!

[@esibrian81]

I'd watch videos of life in Japan. Love the cars.

[@KayKashi]

Its Booming I’m subbed bud

[@brucerowe2895]

@@GrahamStephan Looks like your are doing lots of good in this world, keep it up what goes around comes around.

[@AskSebby]

Here to SMASH the 👍 button!

[@pk2359]

1) I would not over charge i pay off every 7 days 2) they drop my limit I drop them no exceptions

[@g.i.josehernandez3857]

THX for the update on the credit cards !! You actually helped me getting my credit score to 760 in less then two years of having credit cards. Gonna check all mine to see if any have been reduced !👍🏼

[@GrahamStephan]

That is awesome!

[@WhinyB]

Wait, so people have been lying about how much they make to get higher credit limits? Man, here I was being honest as hell and getting rejected by card companies.

[@GrahamStephan]

yeah a lot of people exaggerate income

[@GrahamStephan]

Yep, it was pretty common :/

[@afanofgreatmusic8223]

Nice guys ALWAYS finish last with fed printing fake ass money u better get as much as u can however u can

[@Rckstrroma5]

Whiny B I’ve been honest also

[@ThatGuy-vi8ch]

You don't want to enable debt if you don't need too. I hate credit cards but I'm almost never declined for one. They are not something I encourage the use of.

[@johnjoyce6595]

Graham I’m 19 and live in my parents basement and personally love blackops 4. I feel attacked

[@zacfuller7574]

John Joyce are you banking in 400 k too?

[@afanofgreatmusic8223]

GET OUTTA THE BASEMENT BEFORE U BECOME A KILLER LIVING BY URSELF WITH 5 CATS 😲

[@luxurybuzz3681]

Good...

[@raquelt5342]

John Joyce 😂😂😂👏👏

[@honestangelauto4488]

John Joyce lol

[@Fredman5551]

Amex cut their roadside assistance too. Not fun to learn about when you're locked out of your car at 11pm

[@toowhomitmayconcern2831]

call AAA

[@Dewi666]

Or add it to your insurance.

[@Fredman5551]

Thanks guys, I was stuck out here for 3 months!

[@kat-oe7gb]

Dewi666 never use your insurance, it counts as a claim...I found out the hard way. Verizon Wireless has a really good roadside assistance program.

[@YouKnowYouuLoveMe]

@@kat-oe7gb Just FYI, It shouldn't count as a claim if you have roadside assistance with your car insurance company. I've used Progressive's roadside assistance 2 or 3 times and it's never been considered a claim

[@ChocolateMilkCultLeader]

Credit limit stilll the same. Being financially smart, inspired by Graham, probably helped

[@InvestingWithIshaan]

I mean I'm 16 and don't even have a credit card but I'll still SMASH THAT LIKE BUTTON

[@GrahamStephan]

WOOHOO

[@GrahamStephan]

THANKS FOR DESTROYING IT!!

[@fornas2]

same here

[@papagg2367]

Ishaan Agnihotri good for u watching financial videos at 16!!

[@InvestingWithIshaan]

@@papagg2367 i actually have my own finance channel. i'd love for you to check it out :)

[@AboutAysha]

I was hoping this was going to be some magical news that credit card companies are deferring payments with no penalties or something like that #wishfulthinking

[@CalebOliver]

Aysha Chaudhry - Property Investing We could only hope for that! Also Ayaha I like your channel and I wish your channel much success! 🔥🔥🔥

[@jimmysyar889]

The Apple Card has been since March, payment isn’t due until June

[@ErrorPagenotFound-ig1cy]

Andrew Salinas deferred payment isnt a financial hack. Bottom line, stop putting yourself in debt.

[@GrahamStephan]

hahah that would be crazy!

[@jimmysyar889]

Pack Ganern I’ve been paying it off like normal, I have a 0 balance right now

[@CommandoMaster]

Credit card companies already know we are going into a rough time when people need money because they lost their jobs!

[@GrahamStephan]

agreed!

[@retha90]

0:20 rewinded that part so many times - "and the stock market acts a fool..." - AIN'T THAT THE TRUTH! Good gracious; that thang's sooooo unpredictable.

[@raymondcarter9810]

Hey bud. 23 year old soldier here. Wanted to say thanks to, I've learned so much. And I've been able to teach a good amount to my guys too. Thank you!

[@cleansoles912vision7]

I just started practicing your “not financial “ advice when it comes to credit cards! I was a Dave Ramsey baby before.

[@GrahamStephan]

:o

[@angusmeade7247]

What's the "not financial" advice?

[@blackbeltfinance4026]

“Not Financial advice” but I’m gonna do this and that....do your own research. A lot of Tubers use this line

[@jeromewelch7409]

JP’s Financial Journey ... you are a Dave Ramsey baby so therefore you’re a millionaire and going back to credit cards?

[@PierceJPeterson]

I thought the basis for this channel was smashing the like button?

[@GrahamStephan]

SMASH LIKE

[@GrahamStephan]

...that, too

[@Aliens-Are-Our-Friends2027]

Imagine thinking it wasn't...

[@altar1102]

@@GrahamStephan bro I'm seeing that Ad guy again...!? 😳 Whatta heck... He loves too much...

[@Xaywynn]

yea... i have never seen him say it 3 plus times in a video

[@MarshmilloJB]

Me, in quarantine, smashing the like button and doing my homework: 🔥✍🏼🙂👍🏼🔥

[@GrahamStephan]

awesome!

[@jesseplata]

Jin B. You’ve got a big mouth 😮❤️

[@theshadowemperor2346]

@@GrahamStephan do you think there is a paralell universe where you ask us to smash the dislike button

[@IV8686]

I've been afraid of this since all this started and I'm glad someone is finally talking about it. Let me preface that my businesses have actually gone up and March and April have been my best months since we've been in business (well one, the other is closed due to restrictions, but I'm still even more in the black than before, even accounting for that one being closed and making 0 revenue). I am absolutely terrified of banks cutting down my credit lines after building them up for years. Between my personal and business cards, I charge anywhere between $40-50k on my credit cards every month, and usually pay it off in full. Any and every business expense that can be put on a card goes on a card. Even cutting my main business card to a (comparatively high) $30k limit makes it useless unless I make payments every week. I have no problem paying the annual fees of the CSR and my Spark Business card. I more than get my money's worth. I have over 200k chase UR points just sitting there thinking I'll just use it when I go on vacation when all this is over. Now I'm freaking out. Do I need to cash them out before they decide to close my account because they might think I'm "high risk" even though I've never missed a payment and I'm actually making more money than ever? Do they think I'm spending more because I'm "in trouble" and not because I can't keep my shelves stocked? I'm not even sure how I would operate my business without credit cards. Debit cards have a laughably low daily limit. ACH transfers? That's a pain. Checks? What year is this? I don't even accept checks, too high chance of fraud and who wants to wait 10 days for it to clear? The only payment method we even accept is credit card. The 3% is just built in to our prices and it's a cost of doing business. Is this going to impact everyone else down the line and now customers are going to start paying with checks, or worst yet, cash?

[@davidc2838]

IV Probably time to start developing “Private Capital”, with Investors and Lenders that are outside the traditional Banking / Credit Markets. Companies that are traditionally growing faster than their credit / traditional lenders will allow them often turn to Private Capital Markets. Cheers!

[@IV8686]

@@davidc2838 The problem isn't capital. It's about ease of paying. Only one company I do business with charges me more for paying with a credit card. I do so little business with them that saving less $30/month after factoring in the cash back isn't worth the headache of mailing a check or setting up ach. Everyone else charges me the same no matter how I pay. Sure with vendors that I have net terms I can just mail them a check once a month instead of telling them to charge my card. Most of my vendors though expect payment before delivery and credit card is by far the easiest way, especially when I'm doing a bunch of small orders instead of one big order. (just the nature of the business). I'd need to hire someone full time whose only job would be to write checks or do ACH transfers if I didn't have credit cards. My vendors just have my credit card on file, charge whatever needs to be charged, and email me an invoice.

[@jetah50]

I dont think most businesses will get a lower limit. i think it's of the personal CC accounts.

[@al8685]

What's wrong with cash? You get an extra 3%!

[@IV8686]

@@al8685 I hate cash. At my other business we simply stopped accepting cash. Banks charge businesses (not personal accounts, usually) to deposit cash. BoA charges you .3% to deposit cash. This is industry standard. ALL BANKS (big and small) charge about the same. Cash gets lost. Incorrect change is given. Cash makes you subject to robberies. If you handle enough cash, you will absolutely get counterfeit money, which is immediately lost when you try to deposit it at a bank. Honestly, the only reason to accept cash is to cheat on your taxes. I'm sure if you add up the costs of paying your employees to go to the bank every day (or an armored car service), incorrect change given, cash deposit fees, and counterfeit money, you'd find in the long run, cash probably costs about the same. Not to mention if you're paying 3% for card present, you're getting ripped off. I pay (very slightly) less than that if someone gives me a business amex over the phone (which is the most expensive card to process) Also, I am not mailing envelopes stuffed with cash to make payments to companies not in my area. Not only would I probably be accidentally breaking some obscure money laundering law, what if it gets lost? What's stopping some rogue employee from sneaking a few twenties in their pocket then calling me and saying hey you're $200 short.

[@heydude21687]

Sleeping on the Wells Fargo Propel Card. $0 annual fee, 3% on food/gas/streaming services/travel, 1% everything else. Also perks like travel and purchase insurance. And a sign up bonus! Can’t find a free card better than that.

[@JoshClaytonFinance]

Can't wait to use all my rewards points on free travel... Oh wait

[@GrahamStephan]

:o oh wait....

[@trevorhassel8296]

Lololol

[@CalebOliver]

Josh Clayton Yeah I feel your pain! Also I like your first video bro! Congrats! I wish your channel much success! 🔥🔥🔥

[@JoshClaytonFinance]

@@CalebOliver thanks so much caleb! 🔥

[@corporateamericans]

Book a cruise. Now.

[@investingwithwilliamtherob2834]

Be careful with doing step one with American express, they will literally ask you for ton of paper work, which could get to the point of them cancel your credit cards with them in the extreme cases if your paper work is not good. Like if you do not have job.

[@higherlifeenterprise282]

I wasn’t lying I was manifesting.

[@GrahamStephan]

haha thats one way to look at it!

[@jasminerasco]

Brittany Briana 🤣🤣🤣

[@jdavidfletcher]

I identify as a rich person. Who are they to discriminate against me?

[@yomamascupoftea9459]

🤣😂😭

[@davyjones3485]

Brittany Briana that comment helped ease the stress i got after watching the vid since im about to apply after my primaries season

[@codgamefreak602]

I’ve paid off 3k in debt since this whole thing started and my credit score just changed to 760

[@JB-op4ty]

Same, paid down ~12k, hit 791.

[@wreckless1870]

Awesome. I was able to get a savings account started before all this went down I now have like $1.4k in savings and have paid a little over $1k on my $6k credit debt.

[@FitnessSweets]

Mine is taking 100 years to update. FML.

[@RuReady115]

Yess

[@roxannescott6956]

Yep same and all my 4 cards are paid off only have about $200 balance

[@VINTAGE-AMERICANA]

I'm in Colorado. King Soopers (Kroger) grocery store offered me a new credit card (no annual fee) and it gives me 65 cents off each gallon of gas I buy, up to 35 gallons at ea. Purchase! I've used it 7 times in 4 months (using gas cans after my tank was full).GREAT deal for me, 50 cents a gallon for my gas now ($1.15 a gallon reg now) for the next 8more months! Highly recommended, saved me over $200 bucks so far.

[@RABBlTFTW88]

I've said this before but I want to say it again The problem with your videos is that all the click baiting, the eccentric thumbnails and the begging for likes makes it seem a little unprofessional and it makes your videos feel similar to the hundreds of other KZbinrs who are offering garbage investing advice and crappy get rich schemes. However behind all of that click baiting and like begging your advice is actually golden. Your investing advice is really mature and appropriate and I'm glad you're making these videos!

[@GrahamStephan]

well, I will take that as a compliment, thanks man!!

[@CodySteckRealEstateVideos]

Hey now... I'll still be using my Chase Sapphire Reserve to travel! I'm looking forward to it!

[@GrahamStephan]

awesome!

[@AndrewNobleOfficial]

Always the best financial advice!! Thanks again graham!!

[@arialove9559]

Hot Wheels Dad nice gt500!

[@AndrewNobleOfficial]

The Noble Warrior1 thank you so much!!

[@GrahamStephan]

Glad you think so!

[@FarrFromPerfect]

Amex Platinum calc for those of you who like me were interested to know what the net was: $40 credit x 12 = $480. Fee is -$550. Net Cost (if you only use those bonus and not the $200 flight voucher) = $70.

[@mr.nicky.]

6:14, be careful! Some banks will issue a hard pull for asking for a credit limit increase.

[@fballbeast56]

AMEX Card holders:It should be noted that although we aren't traveling or using ubers, buying airline gift cards (credit card hackers usually recommend $50/card or less) or using uber eats can trigger the $200 airline and $15 uber credit.

[@chrisglaze1410]

Graham giving “credit” where “credit” is due 😂

[@CalebOliver]

Investing With Chris That’s a good one! 😂😂😂

[@GrahamStephan]

haha love it

[@Aliens-Are-Our-Friends2027]

@@GrahamStephan Chris is a good dude

[@Timelyxx]

How did you think of that ?😮

[@MadisonNakayama]

Just cancelled some of my credit cards with high annual fee (especially since I’m not traveling)... it was super easy and they refunded me the membership fee if it was within 30days of when the fee posted

[@GrahamStephan]

Nice!!

[@martinramos1686]

@@Optimus31 yes it does. It's a good idea to keep them open if they have 0 membership fees.

[@MadisonNakayama]

R M I’ve been told that it doesn’t matter because I pay off all of my credit card balance in full each month, and I have additional credit elsewhere, if needed.

[@MadisonNakayama]

And def what Martin said... I def keep my credit card with no annual fee open.

[@Kevin-cn1ls]

Breakdown with Madison in the future it’s a better idea to just product change the card to a no fee card.

[@JosephOReedIV]

Thanks for all the info Graham! I recently got the Chase Freedom Unlimited card last year and used it to add a bathroom to convert a bedroom into a studio that we now rent out. Rent over the 15 months will pay off the card with zero interest and leave me with 100% cash flow. Literally no money down REI haha

[@Alexis-wh2de]

I love your channel, Graham. It's quality content and I always like your videos. What I don't like are the number of ads on your channel that interrupt you mid sentence and seem to show up every minute and a half. I am all for helping my favorite YT'ers get paid by ad revenue, but by about the fifth ad interruption I began to question why I was watching. Not sure if you can control this or if YT does.

[@chloe.nguyen7347]

Me a 14 year old that can’t do anything Graham recommends, but still likes watching his videos: *hits the like button*

[@InvestToLive]

Build the knowledge!

[@BotWatts]

when i applied for my first credit card, they asked for my income. i told them it was 20k (i was part time while going to college) they gave me a 15k credit limit. to this day i have no idea why they would trust me with that

[@zoeyth4003]

They normally give higher amounts then reasonable to young adults to trap them in a debt cycle

[@GR-uc1gq]

Yep I was in that trap. Dave Ramsey saved me

[@imaxjunior6531]

First determine what you can pay based on your monthly budget and make a rule that if you have to use the card not to go over what you can completely pay off on next months bill. Second no matter how much you want something if you can save for a couple of months then buy it that is key. Keep these simple rules and you will not be in tens of thousands of dollars in credit card debt like so so so many people. They may brag about the sales price they got their newest game console or living room furniture but buy the time you add in the interest they are paying they could have bought 7 new game consoles and 3 new living room sets. Keep smart, stay smart, you will go far.

[@saneisall1067]

I saw someone apply and get approved for a Walmart credit card who put "$0" as their income. Smdh.

[@glorioskiola]

They want to get you early into the debt trap.

[@Upsidedownzack]

9:53 As someone who owns this credit card I can't recommend this enough, I run my balance to 58% and pay it off in big chunks month to month to give my debt some age. Went from no credit to 700+ in just 6 months of owning it. Treat credit cards as debit cards.

[@PYRO200055412]

I've always wondered how people live off of credit cards as someone who only after 15 years of banking got ONE. Never thought about lying about my income.

[@OperationNonsense]

Just got KZbin premium, your videos are much more enjoyable without all the ads from scammers.

[@Shinervisuals]

Graham performing plastic surgery in the thumbnail.

[@TheArtofKAS]

👏🏾👏🏾👀

[@Shinervisuals]

@@TheArtofKAS 👍

[@scottbennett5798]

2 stocks I received from Webull: LEVI @ $12 and SAN @ $2.

[@talkfrank8767]

I got exactly the same ones from Webull 2-3 weeks ago

[@cwinger362]

Just got approved for the double cash card thanks to your recommendation. Can’t wait to use it to further optimize my spending. Love your content Graham, it’s really changed my life financially. Destroyed the like button👍🏼💥

[@--avi]

The double cash DOESN'T offer 0% APR for 18 month, this advice is misleading.

[@1pyroace1]

Good overal card I like it

[@--avi]

@Huncho No It doesn't. The 0% APR are for balance transfer with transfer fee of 3% but on purchases you have 13.99% to 23.99% APR. You can check the terms here: www.citicards.com/cards/credit/displayterms/flow.action?app=UNSOL&HKOP=70a8f6c85d52dac259add1b6099cde76f6b071a7bd229b33de523e9e96edbd88

[@kpfusion]

What is your credit score?

[@calliew311]

Is this your first card? I'm looking at cards and I have a pretty good score, but I have limited credit history.

[@sam-sl4lb]

This is so true! I have 3 credit cards with Citi back. They decided to lower all 3 of my limits every month consistently during the pandemic. I thought it was extremely unethical especially since I was in good standing with all my accounts. I went ahead and paid them off and closed my accounts with citi. No biggie, I have 8 other credit cards with other companies. Discover is by far the best ! :)

[@CollinAbroadcast]

Pretty bold claims on that like button with how much KZbin changes :P

[@Tristen501]

"$15,000 for 10 rolls of toilet paper" bruh, where you getting that cheap toilet paper from?

[@The_Millennial_Investor]

😂😂😂

[@BabyHannah05]

Chris Lisk 😅😂🤣

[@Youtubeuser1aa]

LIEZ

[@abrohamproductions8263]

Sam's club

[@jeremycabrera8747]

I already liked the video💯 I’ll be back to watch when I finish this show

[@GrahamStephan]

woohoo!

[@Simon-oy7kf]

How brainless...

[@dansplained42]

Jeremy Cabrera proper loyal fan. We all want people like you!

[@vavila16]

What show im bored

[@GrowYourWealth101]

This is just genius Graham. When I watch your videos i realize the potential of improvement and growth I have. But it does not scare me. It actually excites me a lot. Thanks man. :D

[@LockeBerkebile]

This is 100% true. I just applied for a new card and they asked for my tax returns to verify income. Good times.

[@timlawrence920]

I’m a current Sapphire Reserve card holder, annual fee was reduced back to $450 for this year after it was supposed to be increased to $550. So it has that going for it as well.

[@sameanrodriguez9551]

I have a CC limit of 200K. I owe about 70K...paying it down. Paid off 5 cards already. Whew

[@michaelrobbins1998]

I can vouch for Royson when it comes to any credit related problems and clearing of debts. I know he works with all three credit bureau in the states and his work is fast, reliable and efficient. You can reach out to him at hacker @ creditmasterfixllc,com You won't believe it until you see it.

[@bettyyounger2163]

@@michaelrobbins1998 I saw a lot of comments about this Royson on many other youtube videos and how he helped people with their credit score. I think I will give him a try. Thanks for the info.

[@angelaguido1532]

@@michaelrobbins1998 Are you sure he is legit??!!!!

[@queen.kristal8395]

How can u owe $70k???omg!stop spending more than what you have.they can come after your properties and assets.

[@sameanrodriguez9551]

Easy...wanted to earn airline miles so I have to spend a certain few thousands to get those bonus miles and before I know it, boom there it was.

[@DemetriPanici]

It still doesn’t change that you need to smash that like button for the KZbin algorithm 😏

[@FirstLast-lx2vv]

Wow, shilling credit cards is a new low for you.

[@Chris-ew9mh]

Great Tips as always Graham! If you can be RESPONSIBLE with your credit cards and use them as a tool for financial freedom read on. Placing all your purchases on a 0% interest credit card can earn you 2% or more in cash back and then free you up to stash that money into a high yield savings earning another 1.5% or more in interest. On top of that many offer a signup bonus awarding $150 or more if you spend a certain amount within their designated time frame. You will still have to pay minimum payments during that time but as long as you keep more money in the savings account than the balance on your card you will set yourself up to pay it off before the end of the 0% promo period and make some extra money. Just don't buy anything you wouldn't have bought anyway with your own cash. It may also allow you to pay off any other high interest debt quicker without having to use a balance transfer which is typically a 3% or higher fee. The sooner you figure out that you should never be paying 10% let alone 20% or more to borrow money the better. Getting out of all high interest debt means you are going to have a much brighter future! Compounding interest is great when investing but you never want to apply that same principle when you are the one owing the money! Yes they are counting on you to stumble and pay them penalties and fees but with a bit of planning you can break that cycle of debt and get used to investing $1000-$2000 a month so that you will have money to fall back on when unexpected events occur. You will still want to keep any credit card debt below 20% of your total credit line but this is your chance to prove them wrong and make the credit cards work for you instead of against you. My favorite cards for Cash Back: American Express Blue Cash Preferred Card (6% Grocery stores, streaming, 3% gas stations with $95 fee) Amazon Prime Rewards Visa (5% Amazon, 2% restaurants, gas stations, drug stores) Citibank Double Cash Mastercard (2% on everything) Once you get that 3-6 months reserve built up you can start looking at stock market and real estate investing and really get ahead. Oh, and don't forget to smash that like button for the KZbin algorithm. :)

[@rays7437]

What bothers me more about all this is not credit card bonus deadlines, but I'm paying the same rent for features I can no longer use ( on-site fitness center, the pool, the playground, the community barbeque) plus I can't get repairs done now. The light fixture in the kitchen went bad so I have to use a flashlight, the dishwasher doesn't work, and the washing machine periodically shreds clothes. But no discounts have been offered. In fact they raised my rent another $100 a month. Even our car insurance company says they will given us 20% off due to not driving at all. Property management companies are crooks!

[@dalywest8439]

You admit to facilitating financial advice in this video

[@luislally6764]

Nice channel!!!!

[@veronicamary7542]

checking all your channel am good and have no financial fear Graham S

[@andersbodin1551]

Jokes on them, cashed out all my credit as soon as the cysis started

[@sbfhawk4343]

Days of credit are long gone for most people. If you need to hold onto a card choose wisely choose the one that seems to work best for you and keep it lower the balances and that is it. Only use it to put holds on rental cars or hotels pay everything else in cash or direct payment.

[@Crashed131963]

Amazon prime is a rip off. Just make the purchase over $35 and wait the extra day or two with free shipping. I been to more than a few places that do not even take American Express.

[@chriscardoso]

Anyone else find it impossible to find the comments section on KZbin mobile now?

[@lorrainecallahan90]

Yes it's hard to get to comments plus they changed how my subscritions are. Not happy!😡

[@kujas]

They made it where instead of going below recommend videos it’s above any suggested video. The new layout I’m not liking as much

[@Cre8Lounge]

Only on one of my accounts

[@shaddiayache4147]

So dumb

[@luzejo28]

Yup! Don't like it either.

[@investwithdavis1235]

I use my credit card rewards to pay for my avocado toast. My favorite price like Graham, Free! 🤑🥑

[@kirbykicks2635]

Graham probably does the same

[@tomnook2683]

Trade you bells for it

[@rogerroe3755]

Don't forget about using it on Iced coffee too

[@GrahamStephan]

So good!

[@trevorhassel8296]

Tru dat

[@HHAutomotive]

Remember kids smashing the like button increases your credit. (In Theory)

[@GrahamStephan]

(In theory)

[@roelsvideosandstuffs1513]

If smashing the like button decrease debt. How many times do you want me to click

[@DemetriPanici]

My credit is killing it then 😂

[@HHAutomotive]

@@roelsvideosandstuffs1513 an odd amount of times would make Graham happy.

[@gasdorficmuncher9943]

@@GrahamStephan i go to sleep watching your playlists , normal news is too depressing

[@skyblue9991]

Your closing monologue is the most complicated I've seen. Lol. Must take a lot of takes. 😂 Smashed the like button just for the monologue.

[@deeburks]

All these things (except irs verification) happened last recession...cancelling cards, lowering limits, they really smacked self employed people too...we will see if that happens this time....

[@DNMWHOA]

I have notifications on, I open them immediately... WHY AM I NEVER FIRST!?

[@GrahamStephan]

It's impossible!

[@GrahamStephan]

You will Darsheed, you will one day

[@DNMWHOA]

Graham Stephan Haha time will tell!

[@MattPadloPadlock]

I KNEW this was gonna happen. Good job Graham pointing it out. DISCOVER IT is a great card btw

[@GrahamStephan]

thanks!

[@ReeceIovine1]

Shoot i hope they don't find out I don't make 400k a year and live with roommates 😬😂

[@emmysanyu1458]

Reece Iovine - Real Estate & Personal Finance 😭😂

[@maximumvio1et677]

Love my Citi Double Cash card! I've had it for five years, and can say that they put out limited time offers of 0% to 15% APR to existing card holders. It's an excellent card, especially if you're the type who puts your regular expenses on the card and pay it all off.

[@waynemiller6070]

Congratulations on what seems to be a record number of ads in your video : / You're doing a great job and you're worth it. ;)

[@icuzzcat0912]

when this is all over i think graham should do a giveaway where whoever wins gets added as a authorized user on one of his cards for a certain amount of time to boost credit scores🤷‍♂️

[@thegoldenage7604]

Hi, after being an authorized user and having your score rise, what happens when you decide to cancel being an authorized user? Do you still have that score or does it go back to 0 and have to start over on your own?

[@timeraking]

I don’t need noooo more credit cards. I would like a personal loan without a high apr

[@toddcole1805]

You mean I could of been dishonest about my income in the past

[@GrahamStephan]

a lot of people were!

[@edk487]

I told Best Buy I made 100k at 18 to get a higher credit limit to lower my credit utilization.

[@yungactivist]

Lmao I thought everybody did

[@franny5295]

I didn't know either...

[@shayshae8111]

My thoughts exactly! I’ve always been honest about mine🤦🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️ lol

[@gc6329]

100% true. My credit line got slashed by $1500 with no warning and not even a notice after the fact. Also, now there’s a big “confirm your income” button in the apps home screen.

[@noahfriedman1]

Thank you for providing true wisdom these past few years on KZbin

[@domd4350]

That’s why I love navy federal. I literally have non of these problems.

[@Conscious.Consumer]

Dont think theyre the best perk wise. But they are definitely safest and dont pull a fast one for profit.

[@RD-vo4io]

For real bro

[@mihailaurentiu2024]

It’s absolutely unbelievable how many “buy my courses here” ads are on here 4 on this video alone, it gets out of hand It used to be just the “knowledge guy” now 4 different ones each video

[@leadnsteel1428]

yeah they are getting annoying i would love to find a legit way to make money online though

[@coinraker6497]

How about getting asked to "smash the like button" at least a half dozen times every video. 🙄

[@SubjectiveFunny]

I leave at the first ad

[@Syco209]

KZbin premium. Watch all the vids you want without ads. KZbin creators don't like that because they don't care about your time. Even Granham has mentioned that you hopefully aren't blocking ads.

[@nathanlangone8962]

I mean the mans is making money. So what if he asks us to like? Y’all watch ads on TV when you watch. Even movies at the theatre has credits before. He’s successful, don’t like his content or don’t like the ads, then don’t watch or don’t bum and get YT Premium

[@anonymoussquirrel6427]

I can't understand why my credit card keeps getting declined... Every time I log into my account online it says I have an outstanding balance.

[@pamelas9]

😂

[@InvestToLive]

Just made my night!

[@willdorroh9907]

I only like videos that I learned something from... I’ve liked every one of Graham’s videos I’ve watched

[@knowthyself690]

Thanks for the information. Da facts...for profit businesses, don't risk their money during financial Events. This just happens to not be to... indebted people's advantage. Use debt and don't let debt abuse your future finances ever. Last crisis, I got my all my accts reduced and to top it off beautifully....they raised my interest rate from below 6% to above 15%. Lessoned freaking learned. I became credit card debt free on 1 May.

[@MaxTalks]

You've inspired me to start my channel and to try and help others Graham, thank you!!! Keep up the great work, you've also inspired me to start my own investment journey too :) Left a like for the KZbin algorithm 😉

[@GrahamStephan]

good luck!

[@MaxTalks]

@@GrahamStephan thank you!! Keep up the great work Graham 👌👍

[@sadied.4813]

I got an extra $2k on my credit for nearly paying it off.

[@GrahamStephan]

nice!

[@tinamaruco4920]

Which cc was that one?

[@sadied.4813]

Tina maruco Discover

[@GR-uc1gq]

My wells college card also increased my limit by 2500 after paying it off. But I say it was well deserved I've had a balance on that thing for years

[@roxannescott6956]

Wow great how long you had the card for

[@american5564]

Graham: don’t lie to the credit companies.. Me: ..😐 Also me: 😂🤣

[@Risk11]

American556 lol

[@firstname1733]

I'm sure there are other people who take their credit cards seriously in the comments section. Why does nobody talk about the Chase Amazon Prime card?! 5% back at - Amazon, Whole foods 2% back - Gas, Groceries, Drug stores 1% back - everything

[@HyeonR]

I actually got the citi double cash yesterday. The 18 month 0% APR is for balance transfer, not for purchases, just to clarify in case anyone's thinking of getting it.

[@cameronf6366]

I worked for a pretty big name bank in the Midwest that I'll avoid naming for legal reasons, but most of the personal bankers (they are the ones who open and maintinance accounts, process loans, and upsell you for referral services they offer) in at least a whole district were told to always process loans with the income grossly inflated. Oh you make $45,649 annually? Type in 80,000. It increases their chance of approval, potentially raises their credit limit, and boosts our credit card sales for the month. Win-win in the bankers eyes since he works on a good commission. I will be fascinated to see if/where the bank I worked for appears on that list of fraud.

[@mddij]

Hardly use a credit card, I guess in Europa it is less popular...

[@GrahamStephan]

Maybe! People in the US love their credit cards ;)

[@mddij]

@@GrahamStephan Yes first thing to arrange when you go to the US is a creditcard :)

[@WoWKoest]

yo G Money: fast tip for the fans -- the AmEx Platinum Uber benefit also works for Uber Eats, so it's still pretty useful.

[@lorant666]

To fix your bad credit score; andyhackscreditfix.org

[@raquelt5342]

Thank you for this!! 👏👏👏 I so needed this, I’m sick sick sick of hearing about the Corona virus everywhere You are the best! 🙏

[@rogerbettencourt9654]

I love the new opposite of “But Graham” voice, not sure what to call it yet, hopefully we will get more. 👍